Arizona State men's basketball coach Bobby Hurley has agreed to a new five-year contract.
The 46-year-old's new deal runs through 2023.
Hurley now will receive a raise of $700,000 to $2.1 million this July and a signing bonus of $700,000 within 45 days of the contract's approval by the Arizona Board of Regents. He will receive raises of $100,000 in 2019 and 2020 and $200,000 in 2021.
Hurley also will get a $1 million retention bonus on Jan. 1, 2022.
Hurley is in his third season with the Sun Devils, compiling a 46-40 record.
This season, Arizona State is 16-5 but only 4-5 in the Pac-12, which is eighth place.
Hurley has an extensive basketball background, playing for father Bob Hurley Sr. in high school in Jersey City, New Jersey, and for four years at Duke. As a point guard, he led the Blue Devils to national championships in 1991 and 1992 and was an All-American in 1993.
Information from The Associated Press was used in this report.